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20110701
20110731
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CSPAN 23
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CSPAN
Jul 27, 2011 7:30am EDT
think a big part of it is that you need to understand that social change -- you don't wake up overnight and think i'm going to change the world. just like you said you want to or you make it other than a class project. you have to realize -- dream big for sure. i'm sorry that i didn't say you can't save the world and that's not going to happen overnight. social change does not come overnight but it does come incrementally and it comes by even having good dialogs like this today and i know it sounds cheesy but that's the first step people can realize because when you get those first jobs i can only speak only about washington-oriented jobs you may have graduated from the best universities or been the top of your class or feel that you really have a high aptitude and high grasp of issues but when you get there and if you're doing some remedial work you might feel downtrodden and why am i not talking to the press right now about why we need to have cap-and-trade legislation. realize the change will come incrementally both for the issues and they will come incrementally for your careers but
CSPAN
Jul 7, 2011 6:00am EDT
pollution. the big oil and energy companies lobby to prevent reforms. young people can see the possibility of a clean energy future, and you need to fight for it. campus progress -- yeah. campus progress and our partners have seen another example this year of cynical power. for-profit colleges. there's overwhelming evidence that the schools are abusing taxpayer money with high price, low quality programs that lead many students deep in debt, their lives nearly ruined. for-profit colleges have about 10% of the college students, 25% of federal financial aid, and almost half of the loan defaults in this country. their reckless behavior risks a new subprime debt crisis, yet corporations that run these schools have spent millions trying to avoid accountability. it's disturbing to see who is lobbying for the special interests and their indefensible decision figure find some of them call themselves progressive and have worked for progressive administrations and causes but now they use their skills in connection to advance positions that are anything but progressive. i think that is a shame. a 22
CSPAN
Jul 11, 2011 10:00am EDT
at the federal reserve. we want to help get rid of the perception of too big to fail. lehman brothers is the only example of a major financial institution in a developed country that was allowed to fail. the evidence clearly puts this to rest the notion that we did not deal nottoo big to fail. there are a couple of areas where i see the attack coming. my republican colleagues, on like climate change and health care, don't want to take this one had on. it is still too popular. coming to the defense of unrestricted derivative trading is not a popular cause. they are coming at it sideways. they want to use the deficit as an excuse for under-funding the sec and cftc. they have a small percentage of what we're wasting trying to build infrastructure in afghanistan. the notion that the $90 million more that we need for the cftc because of the deficit is nonsense. they want to turn the sec into a profit center. you have a catch-22. first denied the sec and the cftc adequate funding. they in turn will not be able to deal with the rulemaking requirements that they have. because they have not been able to m
CSPAN
Jul 20, 2011 6:00am EDT
of congress get themselves. anda raw deal in a big way. -- a raw deal in a big way. with that i reserve. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from ohio. mr. jordan: yield one minute to dr. fleming. the speaker pro tempore: the gentleman from louisiana. mr. fleming: thank you. mr. speaker, but for the president of the united states who serves today a a democrat-controlled congress over the last two years we wouldn't be here today debating this. $3.8 trillion added to our debt and continuing on that same glide path. mr. speaker, we're here today because people across america, businesses, cities, states, all have to balance their budgets. the only game in this country, the only entity that doesn't have to balance its budget is the federal government. and that's what's ruining our economy. so all we're asking for in this bill is simply to immediately cut $111 billion in fiscal 2012, begin capping our spending rates, bringing it down to what's traditional, 18%, and then finally passing a balanced budget amendment that will finally put the res
CSPAN
Jul 14, 2011 2:00am EDT
not looked at this in the last week or two ago, but the big numbers are going to be interest reduction and employer provided health insurance. people have written about these. these are significant sources of revenue. i think the distortion on health care choice is created because the deduction on health care insurance is significant. housing is hugely important, but i do not think it has to do it leverage in the financial crisis. you look where you can get the kind of money you can talk -- you are talking about. >> excessive leverage in the financial sector. the very biggest bank and their use debt impose risk in the system. it is completely consistent with the broader assessment from the right and from the left in regards to to big to fail. we have tried to do with that in various ways. nobody is impressed. standard and poors said yesterday that they think the government would still have to support major financial institutions if they fail. >> mr. johnson is recognized. >> thank you, mr. chairman. mrs. olson, i in your testimony you talked about reform alternatives that you believe s
CSPAN
Jul 19, 2011 2:00am EDT
if a big bank goes under. second, it said to wall street firms, you can't take the same kind of reckless risks that led to the crisis. and third, it put in place the stronger -- the strongest consumer protections in history. now, to make sure that these protections worked - so ordinary people were dealt with fairly, so they could make informed decisions about their finances - we didn't just change the law. we changed the way the government did business. for years, the job of protecting consumers was divided up in a lot of different agencies. so if you had a problem with a mortgage lender, you called one place. if you had a problem with a credit card company, you called somebody else. it meant there were a lot of people who were responsible, but that meant nobody was responsible. and we changed that. we cut the bureaucracy and put one consumer watchdog in charge, with just one job -- looking out for regular people in the financial system. now, this is an idea that i got from elizabeth warren, who i first met years ago. back then -- this is long before the financial crisis -- elizabeth wa
CSPAN
Jul 16, 2011 2:00am EDT
chart has given a lot over the years. we call it the big shot. in the last few years, change has happened in terms of the long-term stability, brief moments of disturbance, changes in 60 years of stability. we reinvented work practices and other practices. what has happened now is in the last 10 years, we are moving to a different kind of infrastructure proven by the digital loss of competition. now we find having a world in which we have constant disruption nearly every year. the challenge is how do you start to leverage that rather than fear that in terms of driving innovation in? it will not slow down for the next 30 or 40 years. let me say this personally. i can recapitulate the last 10 years of my life. it took me from this class to cloud computing come into graphic processing, that is scientific computing a fraction of the cost, now into a very limited form of competing. i have had to relearn almost everything i knew as a computer scientist. dealing with the plains regarding amazon and microsoft. i had to think about how to move these processing units. there are single proc
CSPAN
Jul 22, 2011 2:00am EDT
was named o'brion. we will focus on what we need to do to get as that big rocket that allows us to go exploring. we can move beyond our home planet. today is a great day to celebrate. there are a lot of highs and lows as we give hugs and say goodbyes and take pride in what we have accomplished. it is pretty amazing. >> it has been a heck of a day and a program. i had the same kind of sentiment. i am incredibly proud to be here representing the thousands of people that do the work. to the kennedy team is doing an amazing job. you solve this performed almost flawlessly. almost hardly any issues. the teams back at johnson space center is world class. there is none better for flying the plan. they lead an amazing team of folks. then our friends up in the marshall space center. they have incredible hardware to get this up into orbit every time. it has been fantastic here in the home stretch. we have been talking about finishing strong and finishing on the target. when you the back, the shuttle program has racked up quite a history. we did 1300 days in orbit. this is about 43 months of time
CSPAN
Jul 23, 2011 2:00am EDT
. well, yes and no. in their derrick the church was the big power. kings and queens could not move without the permission of the church. nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it is in areas it shouldn't be. if you read the constitution, you also read the enumerated powers which gives limited powers to the federal government and specifically states everything not listed here is reserved for the people in the states. the reason we have a $3.6 trillion, $3.7 trillion budget, is a trillion and a half of that or more is stuff that's not our responsibility in the first place. sho look, i'm one of the few republicans that stands up and say
CSPAN
Jul 25, 2011 10:00am EDT
money for a tiny wheel, about this big, the onus is on the defense department to get these costs under control. i do not think congress will just let them come especially with the budget coming down, looked the other way. host: megan scully with "national journal." and the piece is called "the pentagon premium." thank you for joining us. we will be back at 7:00 a.m. we go to the floor of the house of representatives. continue beyond 11:50 a.m. the chair recognizes the gentleman from oregon, mr. blumenauer, for five minutes. mr. blumenauer: we begin another week in political wonderland. the dow falls 100 points at the opening bell. what is it that we should do? well, if we had the knowledge and problem solving skills of college sophomore economic students or women in a church study group, before the week is out we would establish some simple steps. first, we would understand that in a divided government with real economic challenges no one group is allowed especially those representing a minority of opinion to have their way entirely. we would begin by repealing the silly debt ceiling
CSPAN
Jul 1, 2011 2:00am EDT
and echoing my call to end subsidies for big oil. it's a call that received a bipartisan vote here in the sete, a bipartisan majority vote here in the senate, but, of course, did not pass. did not as if because of our colleaguescolleagues' insistenca filister for a supermajority amount. but it's time that our friends on the other side of the aisle put the interests of taxpayers ahead of big oil and allow these wasteful subsidies to finally end. as the president said, we have strategies to reduce the deficit. like my legislation to cut oil subsidies that are already introduced and ready to go. and all we have to do is pass it. and a vote to allow that to happen is a simple choice for everyone in this chamber. are you on the side of working-class families and seniors? or are you on the side of big oil? now, there are lots of ways to cut the deficit, but saving taxpayer subsidies for big oil while ending medicare as wenow it and cutting student loans is not, in my mind, a solution. it makes no sense, mr. president, to give a taxpayer h. funde of it funded o the big five oil companies earning huge
CSPAN
Jul 6, 2011 2:00am EDT
. this is something economists and political science could study. in my view of congress basically is a big villain in many different issues. when congress spends money directly on r&d it doesn't do that great of a job. if you're spending money on r&d during wartime because it's inside lated from congress because it's patriotism but if you're working through an institutional structure such as n.i.h. where there is indirect accountability but not direct answering for individual grants and decisions this works quite well and what we need to do as social scientist is come up with more structures of this kind, things like the medicare payments advisory board but set it up in a way where it can work and we can actually preserve enough money in the system to be spending on longer term purposes. another issue i focus on to a considerable degree is demography. we need to think long-term. humankind has never in its history had societies which will be as old as the societies which we're getting now and which will become older with each year. the frightening truth is that we don't even actually know if this w
CSPAN
Jul 2, 2011 2:00am EDT
a mission to focus again on the big picture of the exploration and the crucial research and development that will be required for us to move beyond it or bad. he has charged as the carrying out the inspiring missions but only nasa can do which will take us farther than we have ever been, to orbit mars and a dead man's land on it. he has as to start planning a mission to an asteroid and right now, our don space craft is approaching one of the biggest in the solar system, vesta and we are scheduled to drop into orbit around that asteroid this month. what it finds out could help inform such a future mission to an asteroid. the president is asking us to harness that american spirit of innovation, the drive to solve problems and create capabilities that is so embedded in our story and has led us to the mon, to great observatories, and two humans living and working in space, possibly indefinitely. that american ingenuity is alive and well. it will fire up our economy and help us create and when the future. -- and when the future. only if we put aside our differences and work hard and dream bi
CSPAN
Jul 12, 2011 6:00am EDT
and dubbed as a big feature in this book. living by what we would call sustainable values. whatever you do, you do it in a way that will sustain. and contrast with that the new boundaries that prevail in our country, situational values. if the situation allows me to give you $8 million mortgage and -- a $1 million mortgage and you are only making $15,000 a year, no problem. neither of us will be here holding the bag. i think we have moved us a country from a generation that practice sustainable values to one practicing situational values. that is the first move. the second is what happened to our politics. michele bachmann is a paradigm of what has happened to our political system. you have a lot of political senators and congressmen who come here, and individually they are rational people. why did they behave so it rationally when they are together in one room? the only answer is, life is about incentives. the only way you can explain why they did not take up simpson-bowles is because the incentives are all wrong. move the cheese, move the mouse. these people must be responding to a chees
CSPAN
Jul 20, 2011 2:00am EDT
members. one big gap with the military lending act is it does not apply to automobile financing, and one thing many young enlisted do when they get their paycheck is to try to purchase an automobile. i think also the protections should be expanded. veterans are not covered by the military spending act. older americans are not covered, and talking about checks and balances, we have businesses putting mandatory unilateral arbitration clauses in the contract, which allow consumers no redress if they are harmed by these high cost, unfair product set are leading them of their bank accounts, robbing them of vehicles, and taking their homes away, leaving them and their families without a place to live secure a good -- a place to live. >> in your testimony, you find a trade-off the sometimes arises between consumer protection and a profitability -- and bank profitability. can you talk about the trade-off and what influence it should have? >> of course. there is a balance of regulatory agencies are trying to strike between bank safety and soundness and consumer protection during debate safety and
CSPAN
Jul 29, 2011 2:00am EDT
of the remedies big board and the court may not order is the restoration of the workers in washington. the whole principle here interfering with an ongoing case is inappropriate for those two reasons. i respectfully oppose the bill. mr. miller and i or recommended -- recommending that an amendment is not filed because the bill is fundamentally flawed. >> that you very much for that, mr. andrews. we had the benefit of the office of legislation, mr. scott. you are welcome to say anything. >> thank you very much. thank you for taking up this bill and giving it board. i look for to see the debate on the house floor tomorrow. i keep hearing these words used danite really need help defining as a common man without a law degree. perhaps you can help me with the definition. the word "restoration." >> if you would, one of the remedies if the violation is proven in court would be to enjoin -- stop the transfer of work from one place to another. whether the facts of this case support that or not -- boeing would say they have already moved the work so it cannot be restored. there is a legal process. >> i ju
CSPAN
Jul 4, 2011 10:00am EDT
, texas, and is author of "the big sort." he has worked as a journalist. he and his wife owned and operated a weekly newspaper in texas, and they now co-edit a web publication covering rural america. we also have michael lind, a colleague of mine that the new american foundation -- at the new america foundation. he is the co-director of the economic growth program and the next social contract initiative duty is a very accomplished journalist -- contract initiatives. he is a very accomplished journalist as well. he writes frequently for the financial times, "the new york times." immediately to my right is james gimpel. his research includes areas of political behavior, political geography, and u.s. immigration policy. james is top-notch in these fields. i know from firsthand experience. his most recent book, relevant to today's conversation, is "our patchwork nation," published in 2010. having dispense with introductions. i want to start with gregory. tell us why we are here. >> to celebrate your birthday. >> thank you very much. turning 31 is really dramatic. the issue of socia
CSPAN
Jul 7, 2011 2:00am EDT
is something that hasn't bottomed out as quickly as we expected. and so that's continued to be a big drag on the economy. we've had to revamp our housing program several times to try to help people stay in their homes and try to start lifting home values up. but of all the things we've done, that's probably been the area that's been most stubborn to us trying to solve the problem. >> mr. president, 27% of our questions are in the jobs category, as you can see from the screen over here. our next question has to do about jobs and technology. it comes from david, "tech and knowledge industries are thriving, yet jobs discussion always centers on manufacturing. why not be realistic about jobs?" >> well, it's not an either/or question -- it's a both/and question. we have to be successful at the cutting-edge industries of the future like twitter. but we also have always been a country that makes stuff. and manufacturing jobs end up having both higher wages typically, and they also have bigger multiplier effects. so one manufacturing job can support a range of other jobs -- suppliers and the re
CSPAN
Jul 2, 2011 2:00am EDT
if your dreams are not big enough and they scare you, then they are not big enough to beat the dreams of dhaka to scare you and we have to dream about when we are really on the team and when we are really on the team we may take one for the team occasionally. only when it is our turn. but if they are not letting us on the team we can't take it anymore, and the fact that this is really serious, this whole thing about social security, about health care, all of this could come unraveled, and these dharma courts the decision and all was that, these are all impacting women and children and all of the cuts are women and children that is not the america that i am a part of. so, when in, people were going to tell you ten reasons they are mad they don't want to go vote, just tell them get mad and go vote. but the real reason to go vote, or you will not believe how bad your next time. thank you for everything you've been doing. thank you. thank you. [applause] [cheering] cheering] "washington journal" continues. host: this is david keating, executive director of the club for growth, which is wh
CSPAN
Jul 26, 2011 2:00am EDT
senate procedure, the regular order but have attempted to solve this big problem in secret, behind closed doors with just a few people. i believe that is contrary to the historical understanding of the role of congress and i'm not happy about it, i oppose it a i object to it and i expect an appropriate amount of time to consider whatever plan comes ded women like them guard these hallowed halls. mr. president, some of those dedicated police officers stood guard saturday and sunday as we worked to reach an agreement to avert a default on our national debt. leaders from both parties were here throughout the weekend. differences still separate our two sides but work toward an agreement continues. this afternoon, i will put on the floor a proposal to -- that i hope will break that impasse. this legislation would put to rest the specter of default. it would cut $2.7 trillion from the deficit over the next decade. it would not raise any new revenue or make any cuts to medicare, medicaid or social security. all the cuts included in this package have previously been supported by republicans. the
CSPAN
Jul 26, 2011 6:00am EDT
procedure, the regular order but have attempted to solve this big problem in secret, behind closed doors with just a few people. i believe that is contrary to the historical understanding of the role of congress and i'm not happy about it, i oppose it and i object to it and i expect an appropriate amount of time to consider whatever plan comes >> president obama called for a feeling congress that would raise the national debt ceiling. the president supports the plan by senate majority leader harry reid which includes $2.70 trillion in savings, no tax increases, and no cuts to social security or medicare. the president spoke from the east room of >> the government had a surplus but the money was spent on the two wars and expensive prescription drug program. as a result, the deficit was on track to top $1 trillion, the year i took office. to make matters worse, the recession meant that there was less money coming in and it required us to spend even more. on text cuts for middle-class families to spur the economy and unemployment insurance, and aid to states that we could prevent more teach
CSPAN
Jul 6, 2011 7:30am EDT
to need your help, folks. there are big issues facing our country right now. i don't have to tell you. we need long-term solutions for our debt and our deficits. we need to invest in education and infrastructure and we need to get our country on track with sustainable energy solutions. just to name is few. we've got a lot of work to do and i know all of you have good ideas. democrats are the party of big ideas and new technology and we want your input. please feel free to give it to us. i know i'm going to have to really push you hard to offer your opinion on the issues that matter to you so, you know, just try to give us a little help. republicans want to take us backwards on the other hand. they think cutting taxes and deregulating everything solves all of our problems. it doesn't matter what the issue is, their solution is cut taxes and deregulate. now, that might make for a good sound bite but it's not good for real people. so we're going to hold them accountable with their wrong-headed ideas. we're going to hold them accountable from today until election day. we're going to reelect p
CSPAN
Jul 29, 2011 6:00am EDT
here from our republican leagues, the big difference being, he doesn' want to say every five months, let's puthe country into economic crisis and all the uncertainty between now and five months from now that that will create. with that, i yield one minute to mr. ryan a terrific member of the budget committee from ohio. mr. ryan: i thank the gentleman. one of the issues we want on the table here is revenue. the top 400 wealthiest people in the united states of america pay 17% tax rate. my constituents in youngstown and akron, ohio, pay a heck of a lot more than 17%. we hear our friends on the other side of the aisle, how all these changes need to occur, how all these problems need to be solved, but heaven forbid, mr. speaker, we ask the 400 wealthiest families in the united states of america to maybe be a little bit patriotic and help us ou and you'll say, well these are the job creators. these taxes won't go into place for another year or two. we've got to get through this downturn. but we need to send a message to the bond market that we are serious. and for us to be this irrespons
CSPAN
Jul 15, 2011 2:00am EDT
, adding jobs, and creating new opportunities. we are not seeing that, in part, because of the big overhang of foreclosed homes, which are weighing on prices. it is a vicious circle. people do not want to buy because prices are falling and prices are falling because people do not want to buy. there are a number of things we are doing. we are keeping mortgage rates globe. -- keeping mortgage rates low. this works to try to modify mortgages. i think it is worth looking at that area. one area where more work needs to be done is housing finance. we have not begun to clarify for the market out housing finance will be conducted in the future. another area i suggest he might think about is the overhang of distressed houses. for example, fanny, freddie, and the bank's own about half a million homes right now, which are basically sitting there on the market and which are pressing down prices and reducing appraisals and making the housing market much weaker than it otherwise would be. that is another area to look at. i agree with you that the housing market is, in some sense, the epicenter of the pro
CSPAN
Jul 29, 2011 6:00am EDT
that president carter took our country and have a big spending liberal majority group government and weekend our standings in the world, and have a decrease our liberties, well, i became a republican and i haven't looked back since. as a wife, a mother, a federal tax litigation attorney who worked her way through school, as a former state senator, who led a movement to achieve the repeal of the harmful piece of education policy in my home state of minnesota, and out as a member of the united states congress, the most wonderful collaborative body in the world, who worked tirelessly fighting against the expansion of very unpopular government programs like obamacare, and unprecedented levels of skyrocketing spending, i've come to agree with ronald reagan that government doesn't solve problems, it subsidizes problems. and governments first duty is to protect the people, not to run their lives. today, the challenges i think are at least as severe as they were when ronald reagan stood tall in this nation, and today the differences between republicans and president obama, whether it's on economics, are
CSPAN
Jul 30, 2011 2:00am EDT
't particularly like bad acronym. >> it's not my favorite either. >> this is a big deal. in i don't dig it should be trivialized and i think it is one area where there is not enough done that there is not enough central administration of budget authority. >> ride, so i will stick with national intelligence manager. and, i think the challenge is that we do face a much more difficult vegetarian byram and then we did in the last few years and i fully appreciate that reality. i've seen it in my role at nsa where i have been part of the senior leadership meetings about how nsa is going to react and respond to the budget constraints that we are likely to face, that we will face. the question will be, how do we make sure that we are focusing on the right priorities as a community and how do we achieve efficiencies where we can in order to meet the challenge that the current budget environment proposes? >> well, you see, from my point of view counterterrorism is extraordinarily important. is vital to the protection of the homeland. therefore having a strategy and an approach to it and a pattern and a pra
CSPAN
Jul 27, 2011 6:00am EDT
are on a pay-as-you-go. we don't have a separate capital budget. there are big and complicated issues that need to be discussed as part of the design of any constitutional balanced amendment. let's say you pass a constitutional balanced amendment, how is it enforced? is the judiciary? at the end of the day, it is up to us. if we can't do something like what the gang of six did or the bipartisan commission did, we don't have any recourse. do you think a federal court judge will tell you that when you exceed the spending limits in any provision that you will raise revenue or make cuts? there is a whole enforcement part of this. it is easy and popular to say but how will it be forced? this is a political question and that is why if we cannot get our act together and recognize that everybody has to come off some of the issues they have dug in on, we will not be allowed to solve this problem. i don't think a balanced budget amendment does it. i'm happy to talk about it to see if you can address those issues. i have not seen one design that addresses all those issues. >> i have one comment about the
CSPAN
Jul 1, 2011 6:00am EDT
working on getting americans back to work and fixing this economy. there is a big issue coming up with regards to the debt ceiling. the president ought to be in washington meeting with republicans. meeting with democrats. he should not leave that town until he understands what is going to take to get this economy going again and with the fiscal crisis. he is year raising money for a campaign. he does not even have a primary opponent. the is going to raise $1 billion? we are not going to raise anywhere near that kind of money. focus on getting americans back to work. that is where he ought to be spending his time. >> let's do them one at a time. how can i assured voters i will do a better job. i can assure voters that i would spend every waking moment doing what i could to get americans back to work. i would focus my energy and passion on the economy and on giving americans a good jobs. secondly, i spent 25 years in the private sector. i know what jobs leave. i know what they come. i have seen success and i have seen failure. in large of the economy works. the president is a nice g
CSPAN
Jul 27, 2011 2:00am EDT
for big corporations for the purposes of deficit- reduction. it is very troubling to see a provision that would enshrine a preference for cutting education and medicare. >> it is unbelievable. they issued a statement saying that this plan is tantamount to a form of class warfare. he says it could well produce the greatest increase in poverty and hardship produced by any law and history. >> there are people behind these cuts. the cuts seemed so disproportionately aimed at those in least afford it. what is the impact of the bay near plan? what does that mean? well at this mean? >> what is troubling about this plan is that it makes it appear like everything will be painless when in reality it will be incredibly painful. you are going to force these kinds of changes. we know that these are the kind of changes that they are anticipating. we have a budget that passed the house. the cbo has looked at it. seniors would be forced out of the current medicare system. they'll be forced into the private insurance market. they get hit with a double brandy. costs are higher. they would have to eat
CSPAN
Jul 19, 2011 2:00am EDT
to their local congress office and tell their member of congress that they oppose it. host: how big will it be? guest: we have already had it thousand people commit to doing this. people are concerned understandably. they need to put a face to it. host: what darker thoughts on the idea of a balanced budget and how to get there? guest: i think -- the conclusion of a family budget and the united states government is probably not the best way to look at what we are doing right now. i think cutting programs, especially domestic spending programs, are bad for the economy. most economists would agree with it. host: how fired up are you and your people about this issue? guest: i think social security is a defining issue for those that define themselves as democrats. the willingness of this president and congress to go after it changes what the democratic party stands for. host: here are the numbers to call to speed withjane hamsher. they are at the bottom -- to speak with jane hamsher. they are at the bottom of your screen. here is a little bit of president obama from friday. >> this is tough on the
CSPAN
Jul 7, 2011 2:00am EDT
money to spend is no easy task. though his campaign team talks a big game about the popularity of tax increases, the president's own words suggest otherwise. last week in a shameful display of class warfare, the president did specifically call for some tax increases on the rich. that includes 800,000 small businesses, by the way, where 70% of the jobs come from. but that is the exception that proves the rule. by and large, the president avoids the effectual truth of his mission to get rid of tax expenditures. massive tax increases on the middle-class american families to whom he promised immunity from tax increases when he was running for president. instead he and other members of the party of tax stph-rss every day -- tax increases as spending through the tax code. how serious should we take his rhetoric? when the president said he wanted to address the nation's debt by reducing spending through the tax code, it proved too much for even john stewart. this was stewart's analysis of the president's contention that we could reduce the deficit by attacking spending through the tax code.
CSPAN
Jul 22, 2011 2:00am EDT
. this problem is too big to try to solve it with just part of the federal fiscal picture. it's going to take all parts to solve this problem. mr. president, the group of six, aim plowed to say, came up -- i'm proud to say, came up with a plan that stablizes this debt and begins to bring it down and avoiding this skyrocketing debt that we are otherwise going to experience. mr. president, this amendment, this legislation before us would stop it in its tracks. i think that would be a profound mistake. i hope my colleagues reject this ill-considered plan. ask that the quorum call be dispensed with. the presiding officer: without objection. mr. sessions: mr. president, one of the things that from us the -- one of the things that frustrates the american people about washington is how hard it is to get straightforward answers. we in the congress have that same difficulty. it is hard to know sometimes what numbers and statements and plans really mean and what they will cost. politicians offer a budget proposal, and they say it cuts taxes even though taxes go up. they even come up with new names to disgu
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